Ch. 6 Market Revolution

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Following the War of 1812 - Nationalism

Primary loyalty to the nation rather than region

Political – “Era of Good Feelings”

Judicial – Marshall (Supreme)Court decisions

Increase the power of national government

Foreign Policy – Monroe Doctrine

Economic – Clay’s American System

Development of the Market Revolution
Economic Nationalism
Henry Clay’s “American System”
Plan for expanding a
national economy
included
 Government should
promote capitalist system
 High protective tariff
 Re-charter of the Bank
of the U.S.
 Internal improvements
at Federal expense

Erie Canal
National Road

The Market Revolution – Brings changes!!!
o People bought & sold goods rather than making them
for their own use (“Homespun Era”ends.)
FACTORY SYSTEM- Lowell System; Labor and environmental issues
- CONTINENTAL EXPANSION- postal system; Erie Canal; Railroads
-
-
-
Henry Clay’s “American System”
COMMERCIAL AGRICULTURE- “King Cotton”; Western grains
(Produced specialization by people and regions)
(INDUSTRIALIZATION leads to growth of CAPITALISM)
o After 1823 - Nationalism gives way to Sectionalism
Deepening divisions between the North (the West tended to
side with them) and the South
 To promote the interests of the region rather than that of
the nation as a whole

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